Globalization & Computer Michael Tsang Mandy Ling.

Globalization & Computer

Michael TsangMandy Ling

Globalization & Computer

• Definition of Globalization• History of Globalization• Impacts of computers• Benefits to societies• Costs to societies• Benefits to individuals• Costs to individuals• Ethical issues• Legal or other changes necessary

Definition of Globalization

• Development• Integrated global economy• Marked by

• Free trade• Free flow of capital• Tapping of cheaper foreign labor markets

History of Globalization

1350 Silk Road Horse, Cameral, Foot

1492 Columbus Ship

1500-1750 European Seaborne Empires

Ship

1750-1950 Industrial Capitalism

Railway and Steam ship

Impacts of Computers

• 1991• World Wide Web

• 1996• Internet was being common use

• Computer & Internet• Electronic communication• Efficiency information exchange• Competing in business world

• Technology push Globalization• Globalization pull Technology

Benefits to Societies

• Lift people out of poverty• China: 200 millions people• Vietnam: poverty ratio ↓7% a year• Uganda: poverty ratio ↓6% a year

• Higher standards of living• Cheaper imports: DVD Player $28

• Inject additional income• U.S.: $500 billion to $1 trillion annual

• Rising exports• European Union

Costs to Societies

• Income inequality• Increase demand on social support

• Social injustices• Increase social conflict

• Nations have less power• Unable to control and manage

• Money• Technology• Markets

• Illegal activities using technology• Terrorist• Criminal

Benefits to Individuals

• Increase opportunities• Global opportunities• Large global company

• Increase real money earning• Professionals

• Better working environment• Home office

• Higher standards of living• Cheaper imports

Costs to Individuals

• Loss of labor market• Manufacturing shift to low labor countries• Same unemployment rate

• Job missed skewed to low-skilled jobs

• Decrease in real money earning• Workers

• education under professional graduate degree

• Relocate of professional• Microsoft Windows 7: partial developed in India

Ethical Issues

• Environmental damages• Continuous economy growth• Negative impact to quality of life

• Hole in ozone layer• Greenhouse effect• Global Warming

• Privacy• Tax Return prepared in India

• Intellectual Property• Information exchange without regulation

Legal or other Changes Necessary

• International regulation• Environment

• Long term growth• Better quality of life

• Privacy• Intellectual property

• Encourage innovation

• Security• Expand from physical world to technology world

• U.S. policy• Income inequality• Social injustices

Conclusion

• Technology push globalization

• Globalization• Benefits• Costs• Ethical issues• International regulation• U.S. nation policy

• Globalization pull technology

QUESTIONS?